Split Transactions


Many transactions need to be divided among multiple categories. This is called splitting the transaction . For example, let's say that you write a check for both groceries and a prescription at a grocery store that has a pharmacy. You will want the grocery portion of the check recorded in the Groceries category, and the prescription portion recorded in the Medical category (of course, you can also split a deposit).

Let's enter a split transaction now. In the register, enter the date, check number, payee, and the payment or deposit amount. Click the Split button (Open Split button). On Windows, the Split Transaction window appears.

Enter the category in the first Category field in the split, either by typing it in or by choosing it from the pop-up menu.

Press the Tab key and ( optionally ) type a memo in the first Memo field.

Type the amount that you want to allocate to the first category in the first Amount field. Quicken subtracts that amount from the total and puts the remainder in the next Amount field. Enter the next category and amount on the next line. Repeat this until you have allocated the entire payment or deposit amount. Click OK to dismiss the Split Transaction window, then click Enter in the register to save the transaction.

Follow the instructions above to allocate the amounts among the different categories in the split. When you have allocated the entire payment or deposit amount, click the Record button.



Managing Your Personal Finances with Quicken. Visual QuickProject Guide
Managing Your Personal Finances with Quicken: Visual QuickProject Guide
ISBN: 0321293657
EAN: 2147483647
Year: 2004
Pages: 107
Authors: Tom Negrino

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